Cost of Living in Sundance, WY

With a cost of living index of 82, Sundance, WY is a very affordable place to live. Living here is 18% cheaper than the national average and 8% below the Wyoming state average of 90. Sundance is a small community of 974 residents.

Housing costs are the biggest factor in Sundance's cost of living. The median monthly rent is $932 (29% below the US median of $1,319), and the median home value sits at $260,900 (14% below the national median of $304,900). At current prices, the median home costs roughly 4.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Sundance is $60,208, which is 20% lower than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.